Espirito Santo Biodiversity and Watershed Conservation and Restoration Project

Project Summary

The objective of the proposed project is to support (a) the conservation of highly threatened biodiversity – a global benefit - and (b) the maintenance of environmental services provided by the rain forest ecosystem in the watersheds important to the state’s population and to the local economy. As such, it supports GEF’s global goals of conserving globally significant biodiversity, mainstreaming biodiversity into production landscapes and managing ecosystems in an integrated fashion. Water management activities will be funded from the Bank loan and the state’s own resources. In addition, the project will leverage support from private companies that will engage in activities for both biodiversity conservation and watershed management.GEF support in the project will direct efforts of watershed conservation beyond water and soil conservation towards conservation of biodiversity in a globally important rainforest ecosystem. The project will also mobilize urban populations for support of private forest conservation efforts and will explore options for compensation of such efforts.

Project Details

GEF Project ID
2765
Project Type
Full-size Project
Status
Completed
Country
Brazil
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
State Government of Espirito Santo
GEF Project Manager
Gustavo Alberto Fonseca | gfonseca1@thegef.org

Financials

Project Preparation Grant Amount
200,000 USD
GEF Project Grant
4,000,000 USD
Co-financing Total
8,000,000 USD
GEF Agency Fees
420,000 USD
Total Cost 12,200,000.00 USD

Project Timeline

Received by GEF
08 Apr 2005
Preparation Grant Approved
19 May 2005
Concept Approved
01 Nov 2007
Project Approved for Implementation
27 Aug 2008
Project closed
31 Dec 2014